Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. For more information, visit www.central1.com.
What we offer:
Work-life flexibility
Hybrid work environment
Variable annual incentive plan
Generous annual vacation allotment
Top-notch flexible benefits plan including family building and gender affirmation
Retirement Plan, matched contributions at 6%
Access to a learning platform and educational assistance support
Access to a virtual wellness platform
Career development opportunities
Wellness Flex Fund to support personal interest and activities
Day off to volunteer in your community and other paid time off options
Corporate discounts
*subject to employment agreement
Job Summary:
As the Lead Payroll Administrator at Central 1, you’ll oversee the complete payroll process and support related accounting tasks, helping ensure our employees feel confident and cared for every pay cycle.
This role will be to cover an 18 month Maternity Leave Coverage
What you'll be doing
Process and review payroll transactions in Workday.
Use Excel to analyze payroll data and reports.
Maintain strict confidentiality of employee and payroll records.
Ensure payroll entries are allocated correctly and align with Central 1 guidelines and employment standards.
Review year-end payroll reports and T4s for accuracy.
Collaborate with HR to identify and implement process improvements.
Prepare manual payroll entries when needed.
Support year-end activities, including T4s for employees and directors.
Reconcile payroll and benefits general ledger accounts monthly.
Prepare required annual tax forms (T4, T4A, T2200, etc.) and filings.
Submit pension reports to retirement plan providers.
Maintain accurate and up-to-date employee payroll files.
Create payroll reports and respond to payroll-related data requests.
Prepare final pay and documentation for departing employees.
Communicate with government agencies as required.
Respond to employment verification requests from external organizations.
Monitor payroll legislation and recommend updates to internal processes.
Provide guidance on payroll policy and interpretation.
Support the Accounting team on payroll-related items.
Produce ad-hoc payroll reports when needed.
Participate in payroll and HR projects.
Perform other related duties as assigned.
What you'll have:
University degree required
Payroll Compliance Practitioner (PCP) designation required
Minimum 8 years experience processing large corporate payroll in an ERP system
Workday experience is a strong asset
Strong verbal and written communication skills
Ability to problem-solve both independently and collaboratively
Intermediate Excel skills required
Salary range: $80,000-$90,000
The salary represents the job rate determined for the successful candidate who is fully competent in the role. The actual salary will vary depending on market conditions and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training
#LI-Hybrid
Central 1 is an equal opportunity employer and committed to building an inclusive workforce by creating an environment where everyone feels like they belong and has the opportunity to be successful. We welcome all applicants to join our diverse workforce and we will provide an accessible candidate experience including, but not limited to accommodations to interview sites and alternate formats upon request to our Recruitment team.